PDDL vs. PTIR

Last updated Jun 6, 2026

PDDL (GraniteShares 2x Long PDD Daily ETF) and PTIR (GraniteShares 2x Long PLTR Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. PDDL charges 1.50%/yr vs 1.15%/yr for PTIR.

Performance

PDDL vs. PTIR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PDD Daily ETF (PDDL) and GraniteShares 2x Long PLTR Daily ETF (PTIR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PDDL having a -49.84% return and PTIR slightly lower at -51.18%.

PDDL

• 1D: -2.29%
• 1M: -33.70%
• YTD: -49.84%
• 6M: -54.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTIR

• 1D: -8.42%
• 1M: -0.68%
• YTD: -51.18%
• 6M: -54.13%
• 1Y: -11.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PDDL vs. PTIR - Yearly Performance Comparison

	2026 (YTD)	2025
PDDL GraniteShares 2x Long PDD Daily ETF	-49.84%	7.42%
PTIR GraniteShares 2x Long PLTR Daily ETF	-51.18%	23.16%

Correlation

The correlation between PDDL and PTIR is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.21

Return for Risk

PDDL vs. PTIR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTIR

PTIR Risk / Return Rank: 10
PTIR Sharpe Ratio Rank: 8
PTIR Sortino Ratio Rank: 14
PTIR Omega Ratio Rank: 14
PTIR Calmar Ratio Rank: 7
PTIR Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PDDL vs. PTIR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PDD Daily ETF (PDDL) and GraniteShares 2x Long PLTR Daily ETF (PTIR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PDDL	PTIR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	1.82	-2.57

Drawdowns

PDDL vs. PTIR - Drawdown Comparison

The maximum PDDL drawdown since its inception was -68.62%, roughly equal to the maximum PTIR drawdown of -69.10%. Use the drawdown chart below to compare losses from any high point for PDDL and PTIR.

Drawdown Indicators

	PDDL	PTIR	Difference
Max Drawdown Largest peak-to-trough decline	-68.62%	-69.10%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.11%	—
Current Drawdown Current decline from peak	-67.18%	-66.35%	-0.83%
Average Drawdown Average peak-to-trough decline	-29.89%	-27.64%	-2.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	39.95%	—

Volatility

Volatility by Period

	PDDL	PTIR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	34.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	77.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	66.58%	103.33%	-36.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.58%	129.48%	-62.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.58%	129.48%	-62.90%

PDDL vs. PTIR - Expense Ratio Comparison

PDDL has a 1.50% expense ratio, which is higher than PTIR's 1.15% expense ratio.

Dividends

PDDL vs. PTIR - Dividend Comparison

PDDL's dividend yield for the trailing twelve months is around 0.67%, less than PTIR's 11.90% yield.

Position	TTM	2025
PDDL GraniteShares 2x Long PDD Daily ETF	0.67%	0.33%
PTIR GraniteShares 2x Long PLTR Daily ETF	11.90%	5.81%

Frequently Asked Questions

Can I hold both PDDL and PTIR in my portfolio?

PDDL and PTIR have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PDDL or PTIR?

On fees, PTIR is cheaper at 1.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PDDL or PTIR?

PTIR is cheaper with a 1.15% expense ratio, compared with 1.50% for PDDL.

Which ETF pays a higher dividend yield, PDDL or PTIR?

PTIR has the higher dividend yield at 11.90%, compared with 0.67% for PDDL.

What is the main difference between PDDL and PTIR?

Their fees differ too: 1.50% for PDDL and 1.15% for PTIR.